Crude prices ended the day by 1. 50. Wti is up against another 16 cents to 47. 48. Brent is down by three cents to 48. 95. Earnings just out now from home depot. The dow component posted a profit of 1. 44 a share was eight cents above expectations. Revenue also beat analysts forecasts. The company also raised its fouryear guidance to 6. 27 a share. Were going to dig through the report im digging. With an analyst at this point. The stock is looking really strong today. That should help the dow to some extent. Since it is in the dow. And i believe that is an alltime high. Alltime high for home depot. And youre talk about a market cap of closing in on 200 billion. And you know, we have still a young guy, energetic dude. Started in his lifetime i dont think he was in his 20s when he started either. To create how many thousands of jobs. Create 200 billion worth of shareholder value. Its just an amazing value. And craig meniere the chairman and ceo. Pleased with a strong expected growth. Bro
Richard carmona will give an update on the latest research to improve survival rates from ieds and mass shooting incidents. We will also take your phone calls and you can join the conversation on facebook and twitter. Journal, live each morning at seven eastern on cspan. An executive from target said the company is investing 100 million to upgrade to a more advanced credit card system following the hacking of customer data. Testifying before a senate committee, the target cfo was asked about the Holiday Season cyber theft that has exposed the personal or Financial Data of millions of u. S. Shoppers. Because of the time of the opening of the senate, we are starting a little bit late. I apologize for that but i appreciate everybody who is here , from all over the state, including now snowing colorado. Were going to need to examine how we can protect americans, the growing danger of data breaches and cyber crime in the digital age. Safeguarding American Consumers and businesses from data
Folks who have an oepiate disorder, they will often tell you and you will see they started with early tobacco, early alcohol and early marijuana use. But mr. Botticelli, thats a logical fallacy, thats true but that begs the question that millions of americans, 4 50 million, have used marijuana and didnt go on to other drugs. We have to desegregate the addictive personality from the recreational occasional user. I mean nothing norm tif by this. I said in my opening statement, im a child of the 60s and leery of legalizing any drugs. Ive seen the damage. But i want us to be basing fact on the matter is the war of drugs doesnt look like it work very well in Public Opinion and demand. Whereas other campaigns that are voluntary. Actually have worked. So maybe we could learn something from that as opposed to incarcerating, especially minority populations in this country and that doesnt seem to work either and doesnt seem to reduce demand. Representative connolly, i think just focusing on mari
Must act to pass Data Security and breach notification legislation. The administration has proposed similar legislation. Congress must act again and we must ensure that such legislation makes its way to the president s desk for signature. To that end, im most interested to hear any opinions of the f. T. C. And what they may wish to share to us. All my questions this morning will be addressed to chairman ramirez. Now, chairman, in your written testimony, indicates that the commission enforces a variety of statutes such as gramleach bliley and Privacy Protection act. Do any of these acts require an f. T. C. Entity whose collection of personal identification has been breached to notify customers . Yes or no . No. That is needed, i assume . Yes. Absolutely. Now madam chairman, do any of these acts require notification of the federal trade commission or Law Enforcement in general of such a breach, yes or no . No. Madam chairman, should the Congress Enact a federal Data Security and breach n
What is the difference between a target customer and a Neiman Marcus customer . Well, a lot of them have credit lines upwards of 50,000. Forget great coupon. They could a hacker and think about some targets making up in real dollars which just keeps raising the number. Dont think that that is as far as all of the schools now. Target having these fullpage ads. And it is doing its darndest to present and the future mass. Those former fbi director says that might be a lot easier said than done. Stephen says try everywhere. And so how do you stop them these promises notwithstanding . Law enforcement, what we are seeing is this starts and it is a massive conspiracy worldwide these individuals are working with. So you might have the ringleader but if the conspiracy of specialties, another person who knows how to launder money and often they dont even know who the other one is. They are working as a unit and they dont even over their coconspirators hour. All the systems are able to oversimpli